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Question: Oct. 16 Closing Price:
<$8,000 - 2 (2.2%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 3 (3.4%)
$10,000-$10,500 - 5 (5.6%)
$10,500-$11,000 - 7 (7.9%)
$11,000-$11,500 - 13 (14.6%)
$11,500-$12,000 - 25 (28.1%)
$12,000-$12,500 - 14 (15.7%)
$12,500-$13,000 - 6 (6.7%)
$13,000-$13,500 - 4 (4.5%)
$13,500-$14,000 - 2 (2.2%)
>$14,000 - 8 (9%)
Total Voters: 89

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23317070 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (148 posts by 37 users deleted.)
Searing
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May 27, 2018, 07:25:40 PM


yep..that is pretty much true....I ONLY had the miner....from that miner to pump the income (yep legal with IRS too from day one) for ALL the stuff you mentioned flowed from this income...I worked with disabled

folk...never a lot of money in that ..thus the mining had

to stand on its own....also remember I fired up this KNC Jupiter BTC miner on Oct 18th 2013 and that day BTC was almost exactly $150 (I looked at worldcoinindex..but they don't go back till 2013 or I can't read

the graph) .....and I think (again if I remember right) I was making ONE BTC per day.....

and yeah, mostly was in HODL mode for everything ...except those things that were for mining....I also have a mess of Altcoins that more than make up for what you are talking about...for any 'slush' after the

BTC stuff...

so yeah, a case could be made that REALLY the only money I have in crypto 'out of my job' was the $5,131.80 usd for the KNC Jupiter of 2013.......so the revenue I have used/bought miners with etc...and what

I have left over in HODL mode..is indeed profits....thus a case again could be made that I 'mentally' could claim that anything above the $5,131.80 was profit..in that all the expenses for future expansion came

from that one machine....thus $513.18 BTC would be the most definative extreme example of denial of loss of $$$ after any number under that point for BTC (again not counting the significant ALT's slush on

the assumption I'd sell all that before getting to such an extreme point...

just the way it worked out....I retired as of 1/14/18 this year due to crypto...trying to use crypto to bridge the gap between 63 years and full retirement and traditional investments at 66 with soc sec etc

same 'dubious' lifestyle' $$$ wise if I 1) work 2) use crypto till 66 3) crypto goes tulips after 66 again, same modest dubious suburban ghetto lifestyle

so if it all goes tulips I am going to make t-shirts to befuddle those who will say 'I told you so' that say


Crypto: Allowed me to retire 3 years early, bite me!

Thus, if nothing else comes from the miracle of tripping over BTC in 2013....I can say at least that I man'd up and gave it my all....hell, I'm 63 years old ...I have worse problems then BTC and crypto going tulips!

(what do they say: write a book, plant a tree, make a fortune and lose a fortune......we will be the first to know I guess)

brad
 

p.s. the above while not exactly correct....is a way to look at it from the perspective of which I started.....(in the PSU's I'll have left over alone!) but as a mental viewpoint on the ups and downs of all this

stuff and how serious to take it all..it works for me. Smiley Also as far as the work/time thing...even if it all goes tulips..I have not had this much fun since I was in University....thus it is a win also.



So if I understand it correctly, $513 is just a symbolic price point of your choosing that doesn't take into account alts and other profits. It's not that it is the right way to calculate a "break even" but if it works for ya who am I to say Smiley

If it, somehow, made you reach your retirement plan years early than you thought, then it already gave you some.

I also have a FAKE "break even" price which is the BTC price at the LAST time I sent FIAT to an exchange (just before the Bcash fork). If it ever reaches that price again (around $3000?) I will just send more FIAT and keep with my accumulation plan. In the meantime I just keep slowly increasing my stash by not withdrawing anything and trading.

Agreed on the time invested as some combination of entertainment and education "profit". I learned a lot about "money" in here which made me change some previous assumptions I had. It's been an interesting journey.... let's see what comes in the following years.




Actually, IF all the money I've made so far has come from the mining aspect that started with the knc jupiter miner at $5,131.80 price...thus my $513.18 low on BTC and still 'mentally' say all is good..

from a HODL point of view...that is how I look at it..IF I add the Alts and electrical panel and wiring and psu's left over when mining is done and all that ...it probably would be equiv to less than the $513.18 low

the catch is ...ALL MY MONEY MADE IN WHATEVER MANNER HAS COME FROM THAT FIRST MINER AND ONWARD...i may have some extra laptops and junk left over if btc goes tulips and not counting the alts

which I plan to spend on my 3 years early retirement (if the hoard lasts that long)

thus yeah as a 'mental exercise' for me to at least HODL my hard earned BTC over 5 years..that is the plan....(if I ride it down to doom) of course, I'm hoping 'eventually' it gets back to an All time high

so if crypto survives, it should get back to an all time high of 18k for a BTC it may take 1-20 years....but if it exists it should do that (even if it is all inflation)

if it does not..then my bet on HODL'ing the BTC and spending the rest from the mining is moot...

but my main thread again is, the 'extra cash' made all came from that first miner and onwards and upwards...NONE of my regular income was put into this stuff (my income was too puny)

so if I only paid $5,131.80 for a knc jupiter miner in 2013...and all that has been bought and used etc since then came out of mining onward and upward from that....

the worse you can say is I probably should have held btc and sold some in 2017 and stopped buying miners after July 2017....but the fact remains...anything I have of any note....old asic's psu's better electrical panel

in the basement etc...all has started from that first bit of seed money in the knc jupiter btc miner of 2013

so hell, if it all goes tulips it was a lot of fun...but as again a 'mental game' it can be looked at that way....(also could be looked at of having 2x the BTC in 2017...but them's the breaks)

anyway, so the distorted way my mind works looking at wtf I've been doing the last 5 years in retrospect....

brad
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May 27, 2018, 07:54:02 PM

My my, look at all the compression this past week.

Someone is definitely trying to hold things down, mini dumps, trying to push it down further...

The float on all the exchanges is probably thinning out too.
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May 27, 2018, 08:19:57 PM
Merited by Majormax (1)

Its not a conspiracy. Its not a master entity somehow doing perfectly timed dumps and orders to 'hold it down' as if such a thing would even work. Its not the godfather. Its not god. Its not aliens. Its just normal trading. Ok.
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May 27, 2018, 09:24:45 PM

Bob is gay AF after bogdanovfs... Cheesy Cheesy

TBH, I find facial cosmetic surgery, to the extent the Bogdanov's have undergone, as hideous, and firmly enters the uncanny valley territory.

I put them in the same category as Jocelyn Wildenstein when it comes to affronts to the human form.

As a meme, the Bogdanovs are comedy gold.

As physical, living beings, I am actually repulsed by them.

To insist on having cosmetic surgery done, to the extent they have, usually speaks to deeper underlying mental-health issues, IMO.

I expect synthoil injections into their pecs and biceps is on the menu for them at some point...


Yep.... Smiley ... they weak, fragile & mentally unstable. The true path is of the breatharian! Cheesy Cheesy
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May 27, 2018, 09:33:19 PM
Merited by jojo69 (1)

Its not a conspiracy. Its not a master entity somehow doing perfectly timed dumps and orders to 'hold it down' as if such a thing would even work. Its not the godfather. Its not god. Its not aliens. Its just normal trading. Ok.

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May 27, 2018, 10:29:38 PM

    No one is forced to contribute to a 401k. If your employer offers a 401K, they can take money out of your paycheck, and the tax on that amount will be deferred until you withdraw from your 401K. If you draw out of your 401K before retirement age of 59 1/2, you will have to pay a penalty of 10% on top of the tax. Many employers that offer a 401k also include a match. Most companies match 50% of what the employee contributes. The catch is that you usually have to work for an employer for a certain amount of time before you are fully vested and can claim this portion if you leave the employer. My employer has a vesting schedule of 5 years. 

There is quite a bit of latitude with employers in how they create the 401k plans - and sure there are standards in place too.

Since about the 90s, many employers have begun to provide 401ks to replace traditional pension plans... Sure there are some employers who have both traditional pension plans and a 401k plan.

The matching portion is also variable, and most employers have limits in how much they match... They might match up to a certain amount per year or they might match a certain percentage of the employees voluntary contribution.

In the early days of 401ks in the 90s, the yearly maximum contribution was something like $5k, and currently it is in the $18k per year range.  There may be a few employers who will match the full $18k, but many of them are much more skimpy, if they actually have matching programs at all.

401ks are still a pretty decent investment because of both the tax deferral aspect and the employer matching, if they have such matching.
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May 27, 2018, 10:34:45 PM
Merited by JayJuanGee (1)

    No one is forced to contribute to a 401k. If your employer offers a 401K, they can take money out of your paycheck, and the tax on that amount will be deferred until you withdraw from your 401K. If you draw out of your 401K before retirement age of 59 1/2, you will have to pay a penalty of 10% on top of the tax. Many employers that offer a 401k also include a match. Most companies match 50% of what the employee contributes. The catch is that you usually have to work for an employer for a certain amount of time before you are fully vested and can claim this portion if you leave the employer. My employer has a vesting schedule of 5 years. 

There is quite a bit of latitude with employers in how they create the 401k plans - and sure there are standards in place too.

Since about the 90s, many employers have begun to provide 401ks to replace traditional pension plans... Sure there are some employers who have both traditional pension plans and a 401k plan.

The matching portion is also variable, and most employers have limits in how much they match... They might match up to a certain amount per year or they might match a certain percentage of the employees voluntary contribution.

In the early days of 401ks in the 90s, the yearly maximum contribution was something like $5k, and currently it is in the $18k per year range.  There may be a few employers who will match the full $18k, but many of them are much more skimpy, if they actually have matching programs at all.

401ks are still a pretty decent investment because of both the tax deferral aspect and the employer matching, if they have such matching.


before I retired I put money in the job 401k I also, according to the CPA am allowed to self-fund a solo401k on top of that ..depending on how much I mine

out of the crypto business part of my taxes....so socked another 15k away that way last year...also the solo401k can be converted to crypto etc as long as

it plays nice in its own 'sandbox' ...so that was a win....just something to keep in mind...also the self-employed solo401k has the advantage as the 'employer'

*yourself* you get and can put aside some also as you are also the *employee* so the amount in a solo401k can be quite a bit more than a simple 401k

anyway, look around...worked great for me

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May 27, 2018, 11:04:57 PM

Erdogan calls for all the Turks too convert there dollars-euro’s into lira ..... buy bitcoin Turks ..... especially on a dip... BTFD Turks
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May 28, 2018, 12:02:02 AM

Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.
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May 28, 2018, 12:03:51 AM

Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.

What happened with Polo?
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May 28, 2018, 12:11:45 AM

at least the dial doesnt go to "11"



"At least the dial isn't on "11."
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May 28, 2018, 12:18:04 AM
Last edit: May 28, 2018, 12:56:24 AM by bones261

Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.

What happened with Polo?

They are requiring that the legacy accounts get verified. (All new accounts require verification from the get go for several months now.) If you do not get your account verified than all functionality is disabled until you do. People are now having a cow because withdrawal is also disabled. So if you have funds on Poloniex and refuse to get verified, you are SOL.

Edit: It appears some people have gone ahead and got verified, received an e-mail stating that it went through, but the functionality is still disabled. Not sure if it is a simple fix like clearing the browser cache.
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May 28, 2018, 12:18:10 AM

It's particulrly difficult at the moment, because the arrest and imprisonment of Tommy Robinson in the UK is going to have some wide reaching political implications.

UK is completely lost due to the Jewish Kalergi plan.  The Windsors intermarrying with a negress was the last snowball to finalize that avalanche.  Meanwhile, as Jewish financiers use their shabos goyim political puppets to put people in prison in the UK who negatively cover the white genocide, 3rd world invasion Kalergi plan, Jews in Israel just made it ILLEGAL with a sentence of 5-10 years to film Israeli military beating the shit out of or killing Palestinians.

In summary:

- Crimes against whites in the UK are legalized to help promote the Jewish Kalergi white genocide plan

- Crimes and human rights violations by the Jews against others are legalized in Israel
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May 28, 2018, 12:29:08 AM

It's happening:





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May 28, 2018, 12:38:01 AM
Merited by JayJuanGee (1)

Do you really get rekt every time, bones, or is it just preventive whining?

(You're free not to answer this, of course. It's just a cocky opening.)

I'd try and make the bet smaller relative to my playroll, keeping leverage at maybe 3 tops, 1~1.5 even better. "Going long" can actually mean buying a few cents and stashing away. So can "taking profit." Increasing the amount in the freezer is probably the most hopeful subgoal to gambling with 100% house money.

I mean: you know a few things about retirement and taxes. I'm sure you made a few calculations. I know you understand this magical internet money fairly well, too. Come on.

To be blunt, my finances are a horror story. I truly am REKT. My cryptocurrency portfolio has never been large. We are talking less than 1 BTC worth ATM.
Also, everyone knows the saying that those who can't,  teach. Definitely applies to me when it comes to retirement. I have jack shit saved up for retirement and I am 50.
I basically live paycheck to paycheck and the balances on my credit cards increase monthly. I have been working the same job for 15 years and I am probably way overqualified for the position. I hate to admit it, but I am truly an unmotivated loser. What has been nice, starting in November of 2017, is that I did get to cash out on my cryptocurrency profits to keep my head above water. Unfortunately, that well is going to dry up rather quickly. Especially if the BTC market keeps going with the current downtrend. Sometimes I'm just tempted to liquidate all my meager cryptocurrency holdings right now. However, a part of me wants to hold on for as long as possible because quite frankly, it gives me a little ray of hope that maybe things will turn around, and I can delay the looming bankruptcy filing indefinitely.
I will probably regret this posting, since I have bared all to practical strangers. Oh well, at least it was a little therapeutic to have my own pity party.

I have a small 401 (k) and the bastards periodically take fees out for doing nothing. When I get it, I'll have to pay taxes on it.

The best retirement fund is BTC.  Deflationary. Guaranteed to grow. No fees or taxes.

So, chin up, Dude.  You're in better shape than you think if you #HODL most of it.
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May 28, 2018, 12:42:27 AM

But wait, there's more:

Torque
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May 28, 2018, 12:45:46 AM

Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.

What happened with Polo?

They are requiring that the legacy accounts get verified. (All new accounts require verification from the get go for several months now.) If you do not get your account verified than all functionality is disabled until you do. People are now having a cow because withdrawal is also disabled. So if you have funds on Poloniex and refuse to get verified, you are SOL.

Institutional investors will not touch exchanges whose user accounts are not verified and adhere to AML/KYC policies.

So something big indeed may be coming.
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May 28, 2018, 12:52:49 AM

Institutional investors will not touch exchanges whose user accounts are not verified and adhere to AML/KYC policies.

So something big indeed may be coming.

Torque the eternal bitcoin shill.  "Institutions" are also crony capitalist, monopoly men, and they will not promote anything they didn't create themselves to act as some type of pyramid or Ponzi scheme to line their pockets. Which means they will either ban bitcoin and mandate you're required to use their own cashless society slave system, or they were behind bitcoin and it is their cashless society slave system.  

Now proceed to step 2 to study the effects of attempting to ban silver and gold (something that actually exists and cannot be destroyed no matter what idiot makes a law about it) vs detrimental effects of banning shitcoins (the digital domain where it's extremely cost effective running a police state as opposed to attempting to run a police state in the physical world).
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May 28, 2018, 12:54:41 AM

Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.

distributed exchanges with open source market data is the only way bitcoin will survive!!   weeeeeee
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May 28, 2018, 12:55:16 AM

Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.


I will be the first to post the obvious...




The question then becomes is it a GOOD Trap? (Pump!) or is it a BAD Trap (Dump!)


Ack!

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